In plans announced on Monday, Sharp Corporation said that the company will boost its solar cell production capacity of its Katsuragi plant in Nara Prefecture.
Sharp Corp. announced it would increase its annual production capacity to 500 megawatts, which is 85 megawatts higher than previously planned. The new production line – at a cost of 4 billion Yen (US$34 million)- will begin running this month at the company’s Katsuragi plant in Japan.
Sharp acknowledged that the current silicon shortage is impacting the industry, but that vibrant demand from Europe and Japan, as well as large megawatt-sized projects convinced it to expand. Sharp will focus on thin wafers and high efficiency cells.
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